Page 345 - MSM_AIR2021
P. 345
SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 343
NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021
22 LEASE RECEIVABLES (CONTINUED)
The following table sets out a maturity analysis of lease receivables, showing the undiscounted lease payments to be
received after the reporting date.
Company
2021 2020
RM’000 RM’000
Within 1 year 2,167 2,167
In the second year 2,167 2,167
In the third year 2,167 2,167
In the fourth year 2,167 2,167
In the fifth year 2,167 2,167
After the fifth year 104,540 106,707
Total undiscounted lease payments receivable 115,375 117,542
Unearned finance income (30,476) (31,516)
Net investment in the lease 84,899 86,026
23 RECEIVABLES
Group Company
2021 2020 2021 2020
RM’000 RM’000 RM’000 RM’000
Current assets:
Trade receivables 265,099 227,029 - -
Other receivables 41,493 4,032 20 20
Deposits 4,054 2,989 11 11
Prepayments 12,248 4,002 357 145
322,894 238,052 388 176
Loss allowance – Trade receivables (7,603) (10,632) - -
Loss allowance – Other receivables (8,048) (243) - -
Total receivables 307,243 227,177 388 176
The receivables are denominated as follows:
Group Company
2021 2020 2021 2020
RM’000 RM’000 RM’000 RM’000
Ringgit Malaysia 237,173 193,110 388 176
US Dollar 70,070 33,751 - -
Others - 316 - -
307,243 227,177 388 176
Credit term of trade receivables range between 30 to 60 days (2020: 30 to 60 days).